Big shot: Nigel Morris of Borro

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The appointment of Nigel Morris, one of the UK’s most successful entrepreneurs
and co-founder of Capital One, as chairman of Borro raises questions about
the ambitions of the niche lender. Based in Chancery Lane in London, Borro
expanded to the US a year ago, has doubled its sized every year since its
launch in 2008, and is set to generate £13 million in turnover this year
from a previous £7 million.

A flotation, according to its chief executive, Paul Aitken, is a possibility
in few years, making the recruitment of Mr Morris to the